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Multiple equilibrium under CES preferences

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  • John Chipman

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Suggested Citation

  • John Chipman, 2010. "Multiple equilibrium under CES preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 45(1), pages 129-145, October.
  • Handle: RePEc:spr:joecth:v:45:y:2010:i:1:p:129-145
    DOI: 10.1007/s00199-009-0435-3
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    References listed on IDEAS

    as
    1. Chipman, John S., 1974. "Homothetic preferences and aggregation," Journal of Economic Theory, Elsevier, vol. 8(1), pages 26-38, May.
    2. Jones, Ronald W, 1970. "The Transfer Problem Revisited," Economica, London School of Economics and Political Science, vol. 37(146), pages 178-184, May.
    3. Zinde-Walsh, Victoria, 1995. "ESTIMATION AND INFERENCE IN ECONOMETRICSRussell Davidson and James G. MacKinnon Oxford University Press, 1993," Econometric Theory, Cambridge University Press, vol. 11(3), pages 631-635, June.
    4. Timothy J. Kehoe, 1985. "Multiplicity of Equilibria and Comparative Statics," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(1), pages 119-147.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Giménez, Eduardo L., 2022. "Offer curves and uniqueness of competitive equilibrium," Journal of Mathematical Economics, Elsevier, vol. 98(C).
    2. Won, Dong Chul, 2023. "A new approach to the uniqueness of equilibrium with CRRA preferences," Journal of Economic Theory, Elsevier, vol. 208(C).
    3. Junyi Shen & Ken-Ichi Shimomura & Takehiko Yamato & Tokinao Ohtaka & Kiyotaka Takahashi, 2015. "Revisiting Marshallian versus Walrasian Stability in an Experimental Market," Discussion Paper Series DP2015-30, Research Institute for Economics & Business Administration, Kobe University, revised May 2016.

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    More about this item

    Keywords

    Multiple equilibrium; CES preferences; Stability; C62; D50; F11;
    All these keywords.

    JEL classification:

    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade

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